₦airaland Forum

Why do people call for the heads of companies that have managed to make profit in Nigeria especially when the men championing them are blacks.......... Today every body wants to take down MTN, Dangote , BUA ..................... Its like secretly We want people who set up ventures to fail............ Yesterday, Bode George was echoed saying Tinubus so collects 10% of alphabeta revenue, as if Bode George has been Governor he wont institute the same

TransAtlanticEx:
You cannot revolt in my territory.You can protest peacefully not revolt.
How do I do this?By making the military and security forces attractive and very well equipped.
All this funds will come from the money wasting sectors I will crush to pieces,such as subsidy,eduction,health and the rest.
Humans are eccentric in nature and trust me,when I give the military personnel a deal of good salary(400k+) as basic salary,free healthcare in military hospitals for them and their immediate family,and free good schools for their children,trust me they will defend my agenda with their lives and make sure no bastard masses take away what I am giving them with their bullshit entitlement mentality.
So if you revolt,sorry is your name.

this sounds so much like Buhari in 2015 and Nigeria humbled him again on his second coming....................................

TransAtlanticEx:
Then don't complain when you get shitty healthcare or underpaid,rude nurses cursing you out.
It's what you paid for

If one was to pay for all that he or she gets dont you think Life would be damn expensive

It really pays for one not to loose focus of things in life, an average person wants health not hospitals, education and not schools, Food and not agriculure................................I seriously laugh when people bring up the American model of health built on having the latest medical facilities........ Nigeria today does not need the most sophisticated Hospitals when good public health sanitation routines are not adhered to..................... So many companies are dumping toxic chemicals into our water ways, nobody is challenging them,,,,,,, Farmers today are abandoning Age old practices and using all sort of chemicals on their farms, Nigerians are not voicing out.........

The fact that someone is identifying public health as a path to wealth means the number of sick folks is on a geometrical rise............. I pray nobody here looses someone just because of medical fees


Call it entitlement mentality but I am of the opinion that No human being should pay a dine for health services............

Fyabdul:
Please assist me on what to do. I'm scared. I need that money. My investment with them matured yesterday and I took my money from my wallet into my account. The money I transferred has shown that nothing in my wallet and I supposed to receive it in my account but it is not there till now. None of their customer care I knew pick my calls.

Give a little time for the financial system to process ur money....... ur money is definitely not lost......it would show up

ultron12345:
Lol
It will be standard. Fully accredited by the necessary bodies in the country whose curriculum is taught.
Instead of sending your little children to go and be lonely in faraway US, or even Lagos, your child can get his/her US high school diploma right here, at home, in Enugu or Kano. Same with other countries.

Partnering with a religious institutionsl will drive away kids from other religions. It can be secular. Most of such schools in Lagos and Abuja are not church affiliated

Well, you must have done your research, Others doing it must have also seen value before venturing into it..............I can only wish you Open Heavens

Oga OGG please shine ur touchlight on Adova(F.O)....................... Its has turned long term investment for me as Im trapped inside

ultron12345:
Abeokuta, Ibadan, Uyo, Delta, Anambra, Enugu, Kaduna, Ilorin, Minna nko?
I know one school charging about 1.5M in adamawa state and it's full to the brim. There's another more expensive one in Jos. Isn't Atiku's expensive american university of Nigeria in adamawa also getting heavy patronage? Don't many outside Lagos and Abuja still afford to send their children to UK and US universities

I think there are wealthy people who can afford such in most states capitals. Even many of those who attend such schools in Lagos and Abuja come in from neighbouring states.

The reason I'm thinking outside Lagos, Abuja and PH, is that I believe the market there is already or almost saturated. In fact, most of my successful businesses today have been built based on avoiding the over-saturated and over-competitive Lagos market and focusing on other states that are usually overlooked but still have a lot to offer. I rather be the biggest seller of a product in Edo than being just another small seller in Lagos.

Plus, costs outside Lagos and Abuja are less. The money one will use to build a world class school to completion in places like Ibadan or Minna or Illorin will not even be enough to purchase half of the needed land in places like Lagos (Victoria Island, Ikoyi, Lekki) and Abuja (Asokoro, Maitama)

Have you considered standards, Once I pay an outrageous amount on education, My dear British Standard better be British Standard and not a yoruba man Phonerising British Accent for me......................... Secondly what institution will you partner with to buy the heart of the peeople, the easiest is the Church,would you be ready to do the bidding of the church........

ultron12345:
Biko, I was recently thinking about international school business. From the little research I've done, 80% of Nigerian state capitals (apart from Lagos and Abuja) have enough wealthy people to sustain at least, 2 schools, each with 1000-1500 students charging 2.5 to 4 million per annum per student.

Can anyone else confirm this? What do you think? In your opinion, how true is it?

hmmm, can you enlighten us on this research............... Even if your research is right, dont you think cultural factors will key in........................ for example paying school fees of #1.5million in Ebonyi or Jigawa state is a hugh no for me going by the backwardness of this states, the location of this school in such states can only attract the wrongest sets of criminals like Kidnappers


There is a big reason Adenuga choose to live on Banana Island, Ikoyi and Lekki are definitely cheaper.....................

how low can seplat go.................... I am waiting for this market to beat it down........................ They are running at a loss and how they still pay interim dividend baffles me........................ im waiting better explanation from folks here

I have to commend Total management for returning back to profitability in less than 4 quarters compared to MRS that looks like they are heading for liquidation, Ardova that i was hoping on is plagued too by the nigerian factor..............at all at all, Total shareholders will get #2.50 dividend this year, This is a reflection that they sell fuel that is guzzled down by the economy daily.........The rest seems to be selling pseudo fuel

Bakosokoto:
Who are those still buying TB?
Maybe PFA or politicians with stolen loot.
I'm sure this govt don't even want to borrow money they will pay back, more reason they are happy to run to China to borrow. Deep down they know it won't be paid back.
If you doubt me ask Rotimi Amaechi.
By the way, PFA are doing well. Stanbic pension have done over 10% YTD,

This mentality of borrowing and never to pay back is really weighing down on the working class.......I once listened to a canadian lecture on why foreign aid to poor countries had to stop, he claimed that foreign aid saps resoureces from poor people in rich countries AND transfers these resources to rich people in poor countries......which the bulk of the time is squandered.....


Our leaders have mortgaged the life of so many unborn souls

ahiboilandgas:
i wouldnt sell in orile..i will have Good in ware house to sell to retailer in orile (if #EndSAS theifs no raid the place ).......there is no Road in Nigeria....i just delivered 135k litres of Atk to a company truck left Lagos on 16th got to destination on 27 th( 960km) spent 2 days in Niger state....bida -lambata axis ......

u see why many companies would rather contract transport and logistics out......... they put the blame on you and pile the pressure on thirld party,,,,,,,,but be that as it may, how does one rake in profit without operating your truck

ahiboilandgas:
Transport woudnt make u rich ...unless u have a monopoly like Elena dili chukwu and the Nigerian breweries ....but go will live fine sha (guarantee)...tok camary 2014 and 3 bedroom apartment no go pass your power ..........Trading is the key then u move to manufacturing gradually.......why would buy a 30m truck when u can import a 20 ft container of tiles and toilets seats and sell everyhing In orile within 4 months and make 50m .......why would u put 30m when u can import 100 bale of lace and sell the thing for 45m within 2 months in Kano markets and move back to china and do around round ........the most important thing is God bless you with wisdom to item to import from Asia..

If one can keep the truck busy on the road for 21 hours a day every day for 4 months delivering goods that command good tarrif per kg, you might as well make more profit than the person sekling in orile


The big question still remains how

TransAtlanticEx:
Dont generalise. I don't know about wet haulage but as for dry haulage that's another story. Else how is ABC hauls,FedEx and co make money? I'm sure you know ysg made all his money from personnel transport.

give an example of dry haulage u got experience in

TransAtlanticEx:
What's bad in a driver using AC?

in hold up no problem not when parked or on high speed.......
more over there is a general concensus among nigerian mechanics and transporters that ac kills ur engine fast........... it might end up as a lie but prevention they say is better than cure

ahiboilandgas:
total oil plc gave out brand new truck at 27m to transporter.... u will see them on the road with a.c and drivers chilling ......do u know after 2 years of paying through the nose....the cost of maintaining them was too much ......Injector of iveco (brand new ) 700 k and y have to go to iveco office in ijora to get while daf 95 xf.innjector and noodlze plus installations na 65k .....

can u ever control this people, some people are even afraid of their drivers

ahiboilandgas:
who buy a brand new truck for haulage....rich mnc .....like BHN and recently oil marketer's started buying howo ......but Majority buy tokunbo mark and daf .....they wouldn't pay u higher cos u brought new truck rate same the same ........example a 12m naira truck and 30m naira truck will still be paid 13 naira per litre to Abuja....

no doubt sir, my bigeest problem still remain dealing with low level workers that would operate this trucks to give you income,

u need thug mentality to get ur profit else.........

ahiboilandgas:
What the big deal in owning trucks if u can get contract with total oil plc and good banking relationship u can be fianced up to 100 trucks with payments domiciled in same bank .....AA Rano has 600 trucks,112 station and a depot .......if u don't understand credits finance and franchising...u be surprise how would this village man that can't speak English having this asset .....

There is a big deal in owning trucks........and it is dealing with low level workers who are at most times away from your control.......A truck cost about #30 million, which you are definitely going to hand out to low level skilled workers who probably did not finish secondary school to operate..........now the best supervision you can give is using trackers and managers..............my dear dealing with this class of workers can make one go mad


So most companies hand this section of their operations out.............The few companies that still do transportation and logistics as part of their operations usually bleed cash in that department.

the govt has another source of borrowing, which is the chinese government ,with the implecation of default being the seizure of property, compared to borrowing from the west who just want to influence a countrys policy............

problem is the world is just starting to learn the implications of chinese borrowing

taskcompleteng:
Anyone with BDC license forsale?

I can't help but laugh out loud
Nairaland can never seize to amaze me
Y look for bdc liecense on a faceless forum

steveneche:
the UBN shares I bought yesterday has generated over 8% return within 24hrs.. experts in the house, what's the rationale behind why people buy bonds and treasury bill when the right stock at the right time can generate greater ROI?

Wow, I would enjoin u to read this thread during covid 19 lockdown, the bulk of the stocks castigated have returned nothing less than 40%

If u bought ur darling ubn back then u probably might be sitting on a loss now


Anyway ur 8% remains paper profit till it's sold

emmanuelewumi:
Too bad that a lot of young Nigerians are planning on how to launch their own Ponzi schemes and scam programmes, we should share enough awareness on this thread so that people won't lose their hard earned funds.

We warned them about 8 months ago about the digital agricultural investments

its only JJc that loose money to phoney schemes......@ times its better to leave the uninitiated to their thing so that hard lessons become wired to their brain circuits.......

ojesymsym:
Hmmm, that means anyone who has shares in insurance companies should start planning to offload then, because I believe their numbers will be ringing non stop now?

Well insurance companies are also insured, I think it's called reinsurance


Last last its d parent company that will carry d big bill like axa instead of mansard or stanbic South Africa instead of their insurance arm


Fbnh comes to mind with their sale of insurance arm

Lazyyouth4u:
Oga Ibrahim, it is the same way you work in MRS Logistics and come here to deceive gullible people that you are a billionaire entrepreneur with 50 haulage Trucks and 5 Retail Stations. You have posted pictures of your employer’s trucks on this forum claiming they are yours not knowing there are people here that know MRS trucks. I don’t know what your plans and intentions are when you come here to make those claims but the next time you try that, Alhaji Sayyu go hear am o.

Sir, with all due respect I believe this has gone too far, To what end do you do all this........
Please let sleeping dogs lie........ I find it funny when we all forget this is a faceless forum and take peoples comments to heart





Please die this matter and move on....................

wapco result was flat in my opinon, cost rose to blut out any rise in revenue..........My biggest concern is the reports emphasis on free float....... its the first time in a long time that any company in the cem3nt industry will be laying emphasis on this

Something is brewing here, probably a sale by majority stakeholders

meine:
So you want to buy GTB at N19, That means you must be ready to buy Zenith at N11. Na Long throat dey worry you ooo bros.
Though if it happens i will join you to Gbe body.

That means another round trip

Dum20:
Oga please stop bringing threads from the politics section to threads that are in the Investments section.

Please let us try and at least be better than the politicians

Truly I have to respect the thread......I will resist the urge from hence forth

https://www.nairaland.com/6194454/lekki-tollgate-fire-after-secuity

I can now see the anger of the protesters in lekki............That toll gate is a symbol of all that is wrong

ahiboilandgas:
The republicans said the colonists where the problem if we force them out Nigeria will be flowing with milk and honey....now the military said no that the regional govt where the problem then the politician said no it the miltary now the youths said it the politician......in all only the leaders of this movement have benefited for the struggle.......tinubu and co where harassing Abacha up and down ....now using alpha beta to milk the system wella

Someone once summarised History like this "everyone who tells you to be under them in order to save you from an enemy is the VERY ENEMY THEY ARE DESCRIBING".......

In our times I can call names such as Buhari, Oshomole, Lauretta, Lai Mohammed

ahiboilandgas:
I have attending all the protests since Last year not now if we want police reforms what strategy do we put in place to achieve it , complain ,protest then sit with the govt and disign modalities for better policing ....example black have been protesting in America now police have dash board cameras and cameras on their uniform which can be reviewed ......how does the continues blocking of roads with no leader bring the needed change ?How will the citizens identify real protester from theives and thugs since there no uniform .......

If tomorrow govt calls protesters for a meeting and let's imagine that u are invited


Would u attend

deleson:
You’ve successfully turned this thread to a socio-political thread.

Perhaps you can check the political section for such primary threads.

It would gradually creep back to tbills and other short term investment with time